World's top 10 firms with most market value gains in 2020
2021-04-07
Financial Time ranked 2020's top 100 companies based on a percentage gain with a floor of a $10 billion market value at the start of 2020, using data from the S&P Global. The news portal said China outperforms the US, with 36 companies in the list, and technology-based companies accounted for majority of those in the ranking.
Now, let's take a look at the top 10 companies with highest increase in market value.
No 10 Twilion, US Increase in market value: 279 percent End of 2020 market value: $51 billion
The logo of Twilion, a San Francisco-based company which provides communications technologies. [Photo from twilio.com]
No 9 Pinterest, US Increase in market value: 291 percent End of 2020 market value: $41 billion
A woman uses her phone as a banner celebrating the IPO of Pinterest Inc hangs on the front of the New York Stock Exchange in New York, on April 18, 2019. [Photo/Agencies]
No 8 LONGi Green Energy Technology, China Increase in market value: 296 percent End of 2020 market value: $53 billion
LONGi's employees maintain a solar power station at Tongxin county, Ningxia Hui autonomous region, in Northwest China, in September 2018. [Photo provided to China Daily]
No 7 Shanxi Xinghuacun Fen Wine Factory Co, China Increase in market value: 346 percent End of 2020 market value: $50 billion
Products of Shanxi Xinghuacun Fen Wine Factory Co. [Photo/IC]
No 6 CrowdStrike, US Increase in market value: 357 percent End of 2020 market value: $47 billion
The logo of CrowdStrike, a cyber security software company. [Photo/crowdstrike.com]
No 5 BYD, China Increase in market value: 359 percent End of 2020 market value: $78 billion
Workers work on the assembly line at a factory of vehicle manufacturer BYD Auto in Xi'an, Northwest China's Shaanxi province, on Feb 25, 2020. [Photo/Xinhua]
No 4 Pinduoduo, China Increase in market value: 396 percent End of 2020 market value: $218 billion
A display at the Thomson Reuters building shows a message after Chinese online group discounter Pinduoduo Inc was listed on the Nasdaq exchange in Times Square in New York, July 26, 2018. [Photo/Agencies]
No 3 Zoom Video, US Increase in market value: 413 percent End of 2020 market value: $96 billion
A couple celebrates Thanksgiving with friends by having dinner together over a Zoom video call in New York City, on Nov 22, 2020. [Photo/Agencies]
No 2 Sea Group, Singapore Increase in market value: 446 percent End of 2020 market value: $102 billion
The logo of Sea Group, which has three core businesses: gaming, e-commerce and digital payment. [Photo/seagroup.com]
